Left of center bloggers celebrate “F. A. Hayek — statist & environmentalist”

Kark Smith here, Matt Yglesias here.

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Economics proceeds on the assumption of ‘given data’ and produces a beautiful, aesthetically satisfying theory to show how these data determine a resulting order, but [economists] forgot that these data are purely fictitious: the data are not given to anybody. — F. A. Hayek

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